ETF profile for Uscf Midstream Energy Income ETF (UMI) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
UMI ETF Profile
| Family: |
United States Commodity Funds |
| Name: |
USCF Midstream Energy Income Fund |
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| Inception Date: |
24-Mar-2021 |
| Termination Date: |
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| Investment Objective: |
The Fund is actively managed & the investment sub-adviser, Miller/Howard Investments, Inc., utilizes a bottom-up fundamental research process to evaluate these midstream energy infrastructure companies on a number of key metrics, including income, growth of income, distribution coverage, leverage, direct-commodity price exposure, and contract quality. The Fund invests at least 80% of its net assets in equity securities of U.S. and Canadian companies of any market capitalization deemed by the Sub-Adviser to be engaged in the midstream energy sector. The midstream energy sector primarily includes publicly-traded master limited partnerships and limited liability companies taxed as partnerships (MLPs), and companies structured or who elect to be taxed as C-corporations that derive the majority of their revenue from operating or providing midstream energy services. The Fund may directly invest up to 25% of its total assets in equity securities of certain MLPs treated as publicly-traded partnerships. The Fund will invest more than 25% of the value of its total assets in the energy, oil, and gas industries. |
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| Prospectus |
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| Top 10 Holdings |
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| ENERGY TRANSFER LP |
ET |
8.4900% |
| ENTERPRISE PRODUCTS PARTNERS |
EPD |
7.5600% |
| TARGA RESOURCES CORP |
TRGP |
7.4600% |
| WILLIAMS COS INC |
WMB |
6.9700% |
| KINDER MORGAN INC |
KMI |
6.5700% |
| ENBRIDGE INC |
ENB |
6.1700% |
| PLAINS GP HOLDINGS LP |
PAGP |
5.5700% |
| DT MIDSTREAM INC |
DTM |
5.2200% |
| MPLX LP |
MPLX |
5.1800% |
| ONEOK INC |
OKE |
4.7500% |
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Top 10 Holdings Weight: |
63.9% |
| Number of Holdings: |
25 |
| Shares Outstanding: |
8,930,000 |
| Total Net Assets: |
531,692,192 |
| NAV: |
59.45 |
| Net Expense Ratio: |
0.69% |
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| Asset Class: |
MLP |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
Energy |
| Industry: |
Oil & Gas Equipment & Services |
| Dividend Type: |
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| Market Cap: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
